Tag: VE
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Vertical Equity
Description and Definition of Vertical Equity Vertical equity requires that people in different income groups pay different rates of taxes. Resources See Also Further Reading Vertical Equity in the West's Tax Law Dictionary Vertical Equity in "A Dictionary of Taxation"
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Veba
About Veba: see voluntary employees' beneficiary association….
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Vesting Rules
Vesting Rules is used. with reference to a pension or profit-sharing plan, certain minimum requirements that must be met before a participant's right to benefits becomes nonforfeitable. Vesting rules include the following: 1. A participant's right to accrued benefits from his or her own contribution…
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Vested Interest
Vested Interest means:an interest that includes a fixed right of present or future enjoyment. For example, a person is immediately vested in any amount in his or her individual retirement account. However, another employee may have to work for 5 years for a company before his or her right to a p…